In this eBook we look at some of the challenges to data-availability that have dominated the scene in recent years. Then we consider some of the legislative initiatives recently launched by the UK Government, possibly inspired by the current push for greater openness at an EU level, which appear set to create a more open, transparent future for the flows of business information. This is an extremely important trend, which we believe is moving us towards a healthier business culture in which firms should be more positive in communicating their financial success.
With data transparency, businesses can operate with less risk knowing that they could gain information on fraudulent and companies which they're unsure about. The openess of data transparency is helping boost confidence through trade knowing the information is readily available at all levels; whether it's a lenders, investor, partner of customer.